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The net income for Mongan Co. for 2017 was $280,000. For 2017, depreciation on plant assets was $70,000, and the company incurred a loss on

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The net income for Mongan Co. for 2017 was $280,000. For 2017, depreciation on plant assets was $70,000, and the company incurred a loss on disposal of plant assets of $28,000. Compute net cash provided by operating activities under the indirect method assuming there were no other changes in the company's accounts, (Show amounts that decrease cash flow with either a - sign eg -15,000 or in parenthesis eg (15,0001) Mongan Co. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to

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